
The USD has rallied significantly during the course of the week, as the market has finally broken above a massive resistance barrier in the form of the 152 level.

The USD has been a bit negative in the USD/JPY pair in the early hours of Friday but has since bounced a bit to show signs of strength yet again.

Signs that central banks in Europe may diverge from the Federal Reserve are driving the dollar to its strongest levels in months. U.S. inflation is proving difficult to quell, raising the prospect of the Fed sustaining high interest rates. The Bank of England could also start cutting this summer if inflation continues to subside in the U.K., analysts say.
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